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Retirement Benefits | 9 Months Ended
--- | ---
Sep. 30, 2019
Retirement Benefits [Abstract] |
Retirement Benefits | Retirement Benefits The Company sponsors several qualified and nonqualified defined benefit and defined contribution pension plans and other postretirement plans for its employees. The following tables provide the components of net periodic benefit cost for its major defined benefit plans and its other postretirement plans.
| Pension Benefits
| Three Months Ended September 30,
| 2019 |  | 2018
| U.S. |  | Non-U.S. |  | U.S. |  | Non-U.S.
Service cost | $ | 484 |  |  | $ | 462 |  |  | $ | 156 |  |  | $ | 520 |
Interest cost | 764 |  |  | 355 |  |  | 669 |  |  | 341 |
Expected return on plan assets | (801 | ) |  | (258 | ) |  | (991 | ) |  | (276 | )
Settlement loss recognized | 486 |  |  | — |  |  | — |  |  | — |
Net amortization | 487 |  |  | 276 |  |  | 664 |  |  | 312 |
Net periodic benefit cost | $ | 1,420 |  |  | $ | 835 |  |  | $ | 498 |  |  | $ | 897 |
| Pension Benefits
| Nine Months Ended September 30,
| 2019 |  | 2018
| U.S. |  | Non-U.S. |  | U.S. |  | Non-U.S.
Service cost | $ | 901 |  |  | $ | 1,386 |  |  | $ | 665 |  |  | $ | 1,592 |
Interest cost | 2,292 |  |  | 1,081 |  |  | 1,975 |  |  | 1,053 |
Expected return on plan assets | (2,403 | ) |  | (784 | ) |  | (2,957 | ) |  | (848 | )
Settlement loss recognized | 486 |  |  | — |  |  | — |  |  | — |
Net amortization | 1,460 |  |  | 840 |  |  | 2,034 |  |  | 964 |
Net periodic benefit cost | $ | 2,736 |  |  | $ | 2,523 |  |  | $ | 1,717 |  |  | $ | 2,761 |
| Other Postretirement Benefits
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Service cost | $ | 141 |  |  | $ | 167 |  |  | $ | 421 |  |  | $ | 502 |
Interest cost | 212 |  |  | 202 |  |  | 636 |  |  | 608 |
Net amortization | (159 | ) |  | (185 | ) |  | (476 | ) |  | (553 | )
Net periodic benefit cost | $ | 194 |  |  | $ | 184 |  |  | $ | 581 |  |  | $ | 557 |
The Company previously disclosed in its financial statements for the year ended December 31, 2018, that it expected to contribute approximately $0.6 million to its defined benefit plans and $1.1 million to its other postretirement benefit plans in 2019. During the first nine months of 2019, the Company contributed a total of $0.1 million to fund these plans. Effective September 30, 2019, the IDEX Corporation Retirement Plan (“Plan”) was amended to freeze the accrual of retirement benefits for all participants. This action impacted fewer than 60 participants, as the Plan had been closed to new entrants and frozen as of December 31, 2005 for all but certain older, longer service participants. The overall financial impact of the freeze was to reduce the Plan liabilities by approximately $1.2 million. In addition, the Company recorded a settlement charge of $0.5 million which was recorded in Other (income) expense - net in the Condensed Consolidated Statements of Operations for the three and nine months ended September 30, 2019.

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- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 + Details
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